Net loss for Q1 2026 was $8.0 million, compared to $12.7 million in Q1 2025. Cash, cash equivalents, and marketable securities totaled $43.4 million as of March 31, 2026. Contract revenue was $1.7 million for the quarter, driven by the Chugai Collaboration and License Agreement. Operating expenses decreased to $10.0 million from $12.1 million in the prior year period. The company maintains a going concern status, with current cash expected to fund operations for at least twelve months.